The costs for creating and maintaining a quality wetlands mitigation bank are rising, while credit prices at Greens WetBank stayed the same between 1999 and 2014. Current prices are set to ensure the continued success of the mitigation bank.
For Subdivision B:
- Non-refundable Reservation Fee: $8,000, deducted from total credit price, required annual renewal.
- Credit price for non-Harris County projects: $90,000 per acre, with a minimum of $15,000.
For Subdivision C:
- Non-refundable Reservation Fee: 20% deposit on the total credit cost in order to make a credit reservation. An annual reservation renewal deposit of an additional 20% will be required to maintain the reservation at each subsequent yearly anniversary, if the reserved credits are not used. The deposit will be non-refundable and applied towards the total cost of the reservation.
- Credit price for non-Harris County projects: $99,000 per FCU suite, with a minimum of $15,000.